{"id":8411,"date":"2021-03-29T02:57:31","date_gmt":"2021-03-29T02:57:31","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/03\/29\/indian-markets-closed-for-holiday\/"},"modified":"2021-03-29T02:57:31","modified_gmt":"2021-03-29T02:57:31","slug":"indian-markets-closed-for-holiday","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/03\/29\/indian-markets-closed-for-holiday\/","title":{"rendered":"Indian Markets Closed For Holiday"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian financial <span class=\"landLinks\">markets<\/span> remain closed today on account of Holi festival. <\/p>\n<p>Commodity exchanges, however, will be open for second half of the day and will be closed during the first half. <\/p>\n<p>India&#8217;s tally of Covid-19 went up by 68,204 crossing the 12 million-mark on Sunday. This is the highest daily spike since October 10 last year. <\/p>\n<p>The seven-day average of new cases in India stood at 56,201, the highest since October 21 due to the rapid increase in the number of new cases in worst-affected Maharashtra and seven other states and union territories.<\/p>\n<p>Amid the surge in Covid-19 cases, the Reserve Bank of India (RBI) is likely to maintain status quo when it announces its first bi-monthly monetary policy of 2021-22 fiscal on April 7. <\/p>\n<p>Asian stocks remain broadly higher in cautious trade this morning as investors await cues from U.S. President Biden&#8217;s infrastructure spending plan expected to be unveiled on Wednesday and the payrolls report due on Friday <\/p>\n<p>The dollar began the week on a firm note while oil and gold prices fell in Asian trade. <\/p>\n<p>U.S. stocks rallied on Friday as investors factored in improved growth, helped by more stimulus and vaccination efforts. <\/p>\n<p>In economic news, reports on personal income, spending and consumer sentiment painted a mixed picture of the world&#8217;s largest <span class=\"landLinks\">economy<\/span>.<\/p>\n<p>The Dow climbed 1.4 percent and the S&amp;P 500 added 1.7 percent to reach new record closing highs while the tech-heavy Nasdaq Composite gained 1.2 percent. <\/p>\n<p>European markets advanced on Friday despite the European Commission&#8217;s warning that the European Union is at the start of a third wave of the <span class=\"landLinks\">coronavirus<\/span> pandemic.<\/p>\n<p>The pan European Stoxx 600 rose 0.9 percent. The German DAX gained 0.9 percent, France&#8217;s CAC 40 index inched up 0.6 percent and the U.K.&#8217;s FTSE 100 rallied 1 percent. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Indian Markets Closed For Holiday<\/a><br \/>\n<br \/>2021-03-29 02:57:31<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian financial markets remain closed today on account of Holi festival. Commodity exchanges, however, will be open for second half of the day and will be closed during the first&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1535139262971-c51845709a48?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=1950&q=80","fifu_image_alt":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-8411","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=8411"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8412"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}